FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / closing-memo-transaction-summary.docx
closing-memo-transaction-summary.docx · 1017-00006

Parties

HARKNESS LLP
Aurelius Global Media Group PLC
Meridian Press Holdings LLC
Ridgeline Publishing Acquisition Corp
Aurelius Media Holdings Inc
Pinnacle Ridge Capital Management LLC
Ridge Capital GP IV LLC
Meridian Distribution Services Inc

Dates

November 22, 2024
November 15, 2024
November 8, 2024
November 1, 2024
February 13, 2025
November 18, 2024
March 4, 2024
October 2, 2024
June 14, 2024
July 19, 2024

Amounts

$480,000,000
$96,000,000
$418,000,000
$346,000,000
$72,000,000
$6.2
$2.8
$240,000,000
$1,140,000,000
$50,000,000

Obligations

This estimate is subject to a customary post-closing true-up, pursuant to which the Buyer is required to deliver a proposed final closing statement within 90 calendar days after the Closing Date
The determination of the neutral accountant shall be final and binding on the parties, absent manifest error
The fees and expenses of the neutral accountant shall be allocated between the parties based on the relative proximity of each party's position to the neutral accountant's final determination
De Minimis Threshold: Individual claims for indemnifiable losses of less than $250,000 per claim shall not count toward the basket and shall not be indemnifiable
Buyer has agreed that, subject to the fraud, willful misconduct, and Fundamental Representations carve-outs, it will look solely to the escrow funds for satisfaction of any indemnification claims, and Seller shall have no obligation to fund any indemnification payments from sources other than the escrow
If any indemnification claims are pending as of such date, the Escrow Agent shall retain in escrow an amount equal to the aggregate claimed amounts of all such pending claims, and the remainder shall be released to Seller